TCR Energy Corporation
Is this the beginning of a significant leg down for TC Energy? From a technical perspective, I strongly believe this area marks a distribution phase, potentially leading to further downside. The monthly engulfing candle, combined with a head and shoulders pattern visible on the daily and weekly timeframes, supports this view. Personally, I’m swing shorting with TP1 set at the mid-support level and TP2 at the bottom of the channel, where I plan to look for buying opportunities again. Let me know your thoughts!
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